Mexico Digital Textile Printing Inks Market by Ink Type (Reactive, Acid, Direct Disperse, Sublimation, Pigments, and Others); By Application (Clothing, Household, Technical Textile, Display, and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Textile is one of the world’s oldest industries and has experienced a remarkable change over the years in which digital printing technology has gone through a transformative path. Screen printing has always been the choice of the process in the textile industry among various processes and has effectively caught the attention of the world. Digital textile printing refers to the application of dyes onto cloth or fiber.
Mexico Digital Textile Printing Inks Market size was registered at USD XX billion in 2019 and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030.
Mexico Digital Textile Printing Inks Market: Segments
Mexico Digital Textile Printing Inks Market is segmented on the basis of ink type, application and region.
By ink type (in %), Mexico Digital Textile Printing Inks Market, 2019
The sublimation ink segment is anticipated to register XX% of the market share during the forecasted period.
By ink type, it is categorized into reactive, acid, direct disperse, sublimation, pigments, and others.
Sublimation inks are commonly used in the apparel field as well as in the clothing and soft signage segments due to advantages such as non-solubility, damage tolerance and colour tolerance. Sublimation inks are used on polyester, ray acetate, poly-lycra, and acrylics and require heat after treatment. Thus, this high demand of sublimation ink is expected to dominate the ink type segment.
Mexico Digital Textile Printing Inks Market Dynamics:
Launch of new designs and rise in advertising to drive the market demand
Mexico’s market for digital printing inks has seen significant growth as demand for advertising and corporate branding such as flags, retail graphics, and banners are growing. The main factors driving the digital textile printing ink market are the launch of new designs, economic output, and short-run lengths. Technological developments are also expected to fuel the demand over the forecast period.
Higher output rates to hamper the market growth of digital textile printing inks market
Higher output rates of digital textile printing compared to analog printing are likely to hamper the demand for digital textile ink printing soon.
Mexico Digital Textile Printing Inks Market: Regions
In terms of value and volume, Mexico accounted for XX% of total market volume share in 2019
The rise in urbanization coupled with increased demand for advertising and corporate branding such as flags, retail graphics, banners, and others are expected to generate lucrative growth opportunities for digital textile printing inks in Mexico. Additionally, rise in advertisement and commercial branding also increase the demand for digital textile printing.
Mexico Digital Textile Printing Inks Market: Competitive landscape
Some factors that improve the role in the market of the key players within digital textile printing inks market have been the diversified applications, increased awareness, the introduction of stringent regulations by the government and increased demand.
Mexico Digital Textile Printing Inks Market: Key players
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• BASF SE
• Huntsman Corporation
• KIIAN Group,
• SPG Prints
• LANYU Digital
• Other prominent players
The Mexico Digital Textile Printing Inks Market report also contains analysis on:
• Mexico Digital Textile Printing Inks Market segments: –
• By Ink type:
o Direct Disperse
• By application:
o Technical Textile
• Mexico Digital Textile Printing Inks Market dynamics
• Mexico Digital Textile Printing Inks Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints